United Capital profit falls to N5.55 billion in 2017

United Capital

Investment bank and securities trading firm, United Capital said its gross profit for the full year fell to about N5.55 billion.

On a year on year basis, the difference is very significant given the fact that it recorded N6.37 billion as gross profit in 2016.

Total revenue for the company fell to N8.92 billion in 2017 compared to N9 billion in the previous year.

United Capital is declaring a dividend of N.35 kobo per share to its shareholders.

Leave a Reply

Your email address will not be published.